The Bahamas - Imports of goods and services

Imports of goods and services (BoP, current US$)

The latest value for Imports of goods and services (BoP, current US$) in The Bahamas was $3,409,266,000 as of 2020. Over the past 44 years, the value for this indicator has fluctuated between $5,116,303,000 in 2018 and $526,800,000 in 1976.

Definition: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1976 $526,800,000
1977 $598,700,000
1978 $664,800,000
1979 $825,300,000
1980 $1,064,500,000
1981 $1,107,300,000
1982 $1,100,600,000
1983 $1,195,900,000
1984 $1,223,700,000
1985 $1,317,000,000
1986 $1,358,600,000
1987 $1,460,000,000
1988 $1,474,100,000
1989 $1,653,800,000
1990 $1,653,000,000
1991 $1,595,400,000
1992 $1,499,800,000
1993 $1,497,940,000
1994 $1,641,000,000
1995 $1,795,800,000
1996 $2,003,200,000
1997 $2,246,700,000
1998 $2,728,000,000
1999 $2,610,800,000
2000 $3,008,780,000
2001 $2,777,400,000
2002 $2,765,182,000
2003 $2,850,980,000
2004 $3,138,120,000
2005 $3,663,841,000
2006 $4,377,370,000
2007 $4,536,512,000
2008 $4,601,943,000
2009 $3,731,856,000
2010 $3,772,597,000
2011 $4,258,073,000
2012 $4,923,126,000
2013 $4,794,212,000
2014 $5,072,062,000
2015 $4,231,894,000
2016 $4,467,159,000
2017 $4,921,466,000
2018 $5,116,303,000
2019 $4,851,809,000
2020 $3,409,266,000

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in The Bahamas was $2,539,600,000 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $5,133,800,000 in 2014 and $471,600,000 in 1977.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1977 $471,600,000
1978 $562,000,000
1979 $686,200,000
1980 $839,600,000
1981 $889,700,000
1982 $939,900,000
1983 $1,005,300,000
1984 $1,190,100,000
1985 $1,375,500,000
1986 $1,431,700,000
1987 $1,514,500,000
1989 $1,750,510,000
1990 $1,771,670,000
1991 $1,716,350,000
1992 $1,592,260,000
1993 $1,589,080,000
1994 $1,739,670,000
1995 $1,883,080,000
1996 $2,086,690,000
1997 $2,713,700,000
1998 $2,943,000,000
1999 $3,015,600,000
2000 $3,359,600,000
2001 $3,196,400,000
2002 $3,028,700,000
2003 $3,127,000,000
2004 $3,421,700,000
2005 $4,193,800,000
2006 $5,006,500,000
2007 $5,088,400,000
2008 $5,045,700,000
2009 $4,225,400,000
2010 $4,414,100,000
2011 $5,125,700,000
2012 $4,944,700,000
2013 $4,959,400,000
2014 $5,133,800,000
2015 $4,323,700,000
2016 $4,393,600,000
2017 $4,904,500,000
2018 $5,077,600,000
2019 $4,780,000,000
2020 $2,539,600,000

Imports of goods and services (current LCU)

The value for Imports of goods and services (current LCU) in The Bahamas was 2,539,600,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 5,133,800,000 in 2014 and a minimum value of 471,600,000 in 1977.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1977 471,600,000
1978 562,000,000
1979 686,200,000
1980 839,600,000
1981 889,700,000
1982 939,900,000
1983 1,005,300,000
1984 1,190,100,000
1985 1,375,500,000
1986 1,431,700,000
1987 1,514,500,000
1989 1,750,510,000
1990 1,771,670,000
1991 1,716,350,000
1992 1,592,260,000
1993 1,589,080,000
1994 1,739,670,000
1995 1,883,080,000
1996 2,086,690,000
1997 2,713,700,000
1998 2,943,000,000
1999 3,015,600,000
2000 3,359,600,000
2001 3,196,400,000
2002 3,028,700,000
2003 3,127,000,000
2004 3,421,700,000
2005 4,193,800,000
2006 5,006,500,000
2007 5,088,400,000
2008 5,045,700,000
2009 4,225,400,000
2010 4,414,100,000
2011 5,125,700,000
2012 4,944,700,000
2013 4,959,400,000
2014 5,133,800,000
2015 4,323,700,000
2016 4,393,600,000
2017 4,904,500,000
2018 5,077,600,000
2019 4,780,000,000
2020 2,539,600,000

Imports of goods and services (constant 2010 US$)

The latest value for Imports of goods and services (constant 2010 US$) in The Bahamas was 2,655,163,000 as of 2020. Over the past 31 years, the value for this indicator has fluctuated between 5,289,611,000 in 2006 and 1,973,158,000 in 1993.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1989 2,222,854,000
1990 2,232,012,000
1991 2,146,451,000
1992 1,989,542,000
1993 1,973,158,000
1994 2,116,548,000
1995 2,180,955,000
1996 2,403,559,000
1997 3,907,236,000
1998 3,446,181,000
1999 4,023,393,000
2000 4,244,014,000
2001 4,083,748,000
2002 3,970,569,000
2003 3,984,084,000
2004 4,125,124,000
2005 4,714,107,000
2006 5,289,611,000
2007 5,094,731,000
2008 4,794,275,000
2009 4,208,953,000
2010 4,192,470,000
2011 4,505,459,000
2012 4,330,856,000
2013 4,384,730,000
2014 4,596,584,000
2015 4,323,700,000
2016 4,613,725,000
2017 4,984,154,000
2018 4,950,529,000
2019 4,735,032,000
2020 2,655,163,000

Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in The Bahamas was -43.93 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 62.56 in 1997 and a minimum value of -43.93 in 2020.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 0.41
1991 -3.83
1992 -7.31
1993 -0.82
1994 7.27
1995 3.04
1996 10.21
1997 62.56
1998 -11.80
1999 16.75
2000 5.48
2001 -3.78
2002 -2.77
2003 0.34
2004 3.54
2005 14.28
2006 12.21
2007 -3.68
2008 -5.90
2009 -12.21
2010 -0.39
2011 7.47
2012 -3.88
2013 1.24
2014 4.83
2015 -5.94
2016 6.71
2017 8.03
2018 -0.67
2019 -4.35
2020 -43.93

Imports of goods and services (constant LCU)

The value for Imports of goods and services (constant LCU) in The Bahamas was 3,031,480,000 as of 2020. As the graph below shows, over the past 31 years this indicator reached a maximum value of 6,039,310,000 in 2006 and a minimum value of 2,252,815,000 in 1993.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1989 2,537,900,000
1990 2,548,356,000
1991 2,450,668,000
1992 2,271,521,000
1993 2,252,815,000
1994 2,416,527,000
1995 2,490,063,000
1996 2,744,217,000
1997 4,461,010,000
1998 3,934,610,000
1999 4,593,630,000
2000 4,845,520,000
2001 4,662,540,000
2002 4,533,320,000
2003 4,548,750,000
2004 4,709,780,000
2005 5,382,240,000
2006 6,039,310,000
2007 5,816,810,000
2008 5,473,770,000
2009 4,805,490,000
2010 4,786,670,000
2011 5,144,020,000
2012 4,944,670,000
2013 5,006,180,000
2014 5,248,060,000
2015 4,936,500,000
2016 5,267,630,000
2017 5,690,560,000
2018 5,652,170,000
2019 5,406,130,000
2020 3,031,480,000

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in The Bahamas was 25.63 as of 2020. Its highest value over the past 43 years was 67.52 in 1978, while its lowest value was 25.63 in 2020.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1977 66.14
1978 67.52
1979 60.20
1980 62.88
1981 62.37
1982 59.55
1983 58.02
1984 58.31
1985 59.27
1986 57.90
1987 55.80
1989 57.17
1990 55.96
1991 55.17
1992 51.21
1993 51.39
1994 53.38
1995 54.92
1996 57.82
1997 42.85
1998 43.07
1999 39.25
2000 41.60
2001 38.43
2002 34.10
2003 35.25
2004 37.79
2005 42.64
2006 49.24
2007 47.92
2008 47.94
2009 42.33
2010 43.72
2011 50.90
2012 46.12
2013 47.26
2014 46.07
2015 36.36
2016 36.64
2017 39.68
2018 39.55
2019 36.31
2020 25.63

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments